Market Overview

iHeartRadio Launches First-of-Its-Kind AI Technology to Deliver an Unparalleled Digital Listening Experience

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iHeartRadio's Powerful New Artificial Intelligence Integration
Leverages the Best of Live Radio Listening Experience to Provide
Seamless Song Transitions and Gapless Music Playback for the First Time
Ever on a Digital Music Service

iHeartMedia,
the leading audio company in America which also has a greater reach in
the U.S. than any other media outlet, and Super
Hi-Fi
, a sophisticated artificial intelligence (AI) platform that
delivers innovative audio solutions, announced today the launch of an
industry-first technology that provides an optimized digital music
listening experience unlike any other. The new AI capabilities will
allow iHeartRadio to revolutionize its digital music service by creating
a listening experience that mimics the polished production of live radio.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180802005710/en/

The new integration brings the best of live broadcast radio to digital
streaming music by delivering flawless song transitions, including
precise crossfades, volume leveling and truly gapless playback to
iHeartRadio's listeners. iHeartRadio
is the first and only digital music service to leverage AI for
intelligent audio transitions that completely eliminate the space
between songs to deliver a fluid and fully produced listening experience
that preserves music's energy and momentum from song to song.

"Radio DJs and programmers have mastered the art of segueing music to
create beautiful transitions from song to song, maintaining the desired
energy and mood of the listening experience that more than a quarter of
a billion live radio listeners have grown accustomed to hearing," said
Chris Williams, Chief Product Officer for iHeartRadio. "Creating
transitions that are unique to each individual song combination is not
an easy task, and with the billions of potential song combinations
available on our platform and new ones coming every day, it was
impossible to scale this by hand. Working together with Super Hi-Fi we
have made the impossible, possible, and we are excited to share this new
listening experience with our listeners."

"Broadcast radio sees the highest market penetration and longest user
engagement over any of its digital counterparts, and this is in part due
to the masterful capabilities of their on-air talent," says Zack Zalon,
Super Hi-Fi co-founder. "We are thrilled to be launching with
iHeartRadio to deliver radio's skillfully produced audio listening
experience to its digital users. This is the next frontier for
innovation and growth in the digital music industry, and we are excited
to be working with iHeartRadio to roll out the first phase of these
cutting-edge products."

Beginning today, iHeartRadio listeners will experience three powerful
enhancements architected from the ground up, and powered by AI
technology that understands the nuances of music with a depth similar to
a human DJ:

  • Perfect Transitions: Dynamically creates the perfect transition
    between songs every single time. Whether picking the ideal crossfade
    or recognizing when to simply place the right ending next to the
    beginning of the subsequent track, this next-generation solution uses
    real-time AI-processing to create the ideal transition every time a
    song plays. The result is a smooth tapestry of music listening,
    crafted to deliver an optimum experience for all listeners.
  • Sonic Leveling: Automatically adjusts song volume to create
    smooth and consistent listening sessions. Not all tracks are created
    equal – some are louder or softer than others. Sonic leveling
    capabilities eliminate the need to adjust the volume every time a new
    song comes on. The tech automatically recognizes the volume
    differential and adjusts it allowing listeners to just sit back and
    enjoy their favorite tracks.
  • Gapless Playback: Eliminates the gaps between music tracks. On
    average, there are currently eight seconds of silence between songs on
    all streaming services that interrupts the music listening experience.
    The new AI technology now deployed on iHeartRadio automatically and
    completely eliminates the silence, bringing the listening experience
    in line with live radio.

These industry-first enhancements are now available across iHeartRadio's
custom Artist Radio stations, on demand Playlists, Playlist Radio and
more for iOS users. Android users will experience the enhanced listening
experience across custom Artist Radio stations with all features
available for Android users in the coming months.

This will be the first in a series of planned innovative AI enhancements
set to rollout throughout the year.

About iHeartMedia

With over a quarter of a billion monthly listeners in the U.S. and over
131 million social followers, iHeartMedia
has the largest national reach of any radio or television outlet in
America. As the leading audio and media company in the U.S., iHeartMedia
serves over 150 local markets through 849 owned radio stations, and the
company's radio stations and content can be heard on AM/FM, on
satellite, at iHeartRadio.com, on the company's station websites and on
iHeartRadio, iHeartMedia's digital music, podcast, on demand and live
streaming radio service, available on over 250 platforms and 2,000
devices, including on digital auto dashes, tablets, wearables and
smartphones, on virtual assistants, smart speakers, TVs and gaming
consoles.

iHeartRadio
offers users the country's top live radio stations, personalized custom
artist stations created by just one song or seed artist, on demand
features and the top podcasts and personalities. The all-in-one digital
service has more than 1.7 billion downloads, 110 million registered
users and is the No. 1 commercial radio podcaster in the U.S.

iHeartMedia's platforms include radio broadcasting, online, mobile,
digital, social, podcasts, personalities and influencers, live concerts
and events, syndication, music

About Super Hi-Fi

Super Hi-Fi is an artificial intelligence (AI) company focused on
providing digital music services next-generation technology to bring
incredible music-listening experiences to market. The company's
sophisticated and patented audio innovation platform was designed from
the ground up to understand the nuances of a song with the same
expertise as a human DJ to craft perfect transitions that weave music,
audio ads, and other voice-based content into high quality productions.
The result is a seamless and scaled digital audio solution that
transforms the pervasive gaps of silence between songs into relevant and
personalized content.

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